Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Mexican Peso/Czech Koruna (FOREX:MXNCZK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MXNCZK
The long term trend has been UP since Oct 15th, 2019 at 1.2194200
The intermediate term trend has been UP since Jan 20th, 2020 at 1.2156450
The short term trend has been UP since Feb 5th, 2020 at 1.2198787
Smart Scan Analysis for MXNCZK
Based on a pre-defined weighted trend formula for chart analysis, MXNCZK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).